Edgewell Personal Care (NYSE:EPC) Upgraded at StockNews.com

StockNews.com upgraded shares of Edgewell Personal Care (NYSE:EPCFree Report) from a hold rating to a buy rating in a research note published on Tuesday morning.

A number of other research firms have also weighed in on EPC. Barclays boosted their target price on Edgewell Personal Care from $37.00 to $40.00 and gave the company an equal weight rating in a research note on Friday, May 10th. Canaccord Genuity Group boosted their target price on Edgewell Personal Care from $52.00 to $53.00 and gave the company a buy rating in a research note on Thursday, May 9th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of Hold and a consensus price target of $42.25.

Get Our Latest Research Report on Edgewell Personal Care

Edgewell Personal Care Price Performance

EPC opened at $38.62 on Tuesday. The stock has a 50-day moving average price of $38.11 and a 200-day moving average price of $37.50. Edgewell Personal Care has a 12-month low of $33.71 and a 12-month high of $43.90. The company has a current ratio of 1.84, a quick ratio of 0.92 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $1.91 billion, a P/E ratio of 16.16 and a beta of 0.84.

Edgewell Personal Care (NYSE:EPCGet Free Report) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.14. Edgewell Personal Care had a return on equity of 9.29% and a net margin of 5.40%. The firm had revenue of $599.40 million during the quarter, compared to analysts’ expectations of $606.74 million. During the same period in the prior year, the business earned $0.56 EPS. The company’s revenue for the quarter was up .2% compared to the same quarter last year. Equities analysts predict that Edgewell Personal Care will post 2.92 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Thursday, June 6th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date is Thursday, June 6th. Edgewell Personal Care’s payout ratio is 25.10%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Wellington Management Group LLP raised its position in shares of Edgewell Personal Care by 22.9% in the 3rd quarter. Wellington Management Group LLP now owns 144,692 shares of the company’s stock worth $5,348,000 after acquiring an additional 26,913 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Edgewell Personal Care by 274.8% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 50,085 shares of the company’s stock worth $1,835,000 after acquiring an additional 36,723 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of Edgewell Personal Care by 4.8% in the 4th quarter. Victory Capital Management Inc. now owns 432,041 shares of the company’s stock worth $15,826,000 after acquiring an additional 19,718 shares in the last quarter. Lighthouse Investment Partners LLC bought a new position in shares of Edgewell Personal Care in the 4th quarter worth approximately $2,762,000. Finally, Nicola Wealth Management LTD. raised its position in shares of Edgewell Personal Care by 36.9% in the 4th quarter. Nicola Wealth Management LTD. now owns 74,200 shares of the company’s stock worth $2,718,000 after acquiring an additional 20,000 shares in the last quarter. Institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Company Profile

(Get Free Report)

Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the wet shave, sun and skin care, feminine care and infant care categories. As of September 30, 2016, the Company had a portfolio of over 25 brands. It manages its business in four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other.

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